BUSINESS

MoPlay is now a member of the German Sports Betting Association

TAGs: Deutsche Sportwettenverband, Germany, MoPlay

The German Sports Betting Association (DSWV, for its German acronym) already has a lot of important global players in its organization. Among the leading names are companies like Interwetten, bet365, William Hill, Paddy Power Betfair and Sky Bet, and the group has now grown a little larger thanks to the addition of yet another sports gambling entity. MoPlay, a sports gambling operator out of Gibraltar, has announced that it has become a member of the DSWV.

moplay-is-now-a-member-of-the-german-sports-betting-association-minThe announcement of the company’s inclusion was made late last week, with MoPlay CEO Jürgen Reutter explaining, “As a new member of the German Sports Betting Association, we are expressly committed to Germany and we will participate in the discussion on the future regulation of sports betting. Our innovative product for betting with a focus on mobile devices, combined with our young brand will also be in Germany growth drivers.”

Germany is in the throws of a complete overhaul of its gambling industry, including sports gambling. The DSWV is working with regulators and supports changes to the current structure, asserting that an entire overhaul of regulations is needed. However, industry leaders want the government to be pragmatic in their decisions and to make choices based on common sense, and not emotions, in order to ensure any potential black-market gambling does not develop stronger roots.

New gambling rules will be put in place of January next year. These will be in place until June 2021 and are meant to be interim guidelines while the country determines how to implement a long-term solution. Currently, rules vary from state to state within the country and many within the industry, as well as on the outside, want there to be consistent policies and regulations across the country.

The president of the DSWV, Mathias Dahms, says of MoPlay’s entry into the organization, “We welcome MoPlay in our association and look forward to [winning with] the international start-up, which is run by experienced managers from European iGaming sector as a powerful new member.”

MoPlay has been offering its services in Germany since last year. It continues to branch out and provide sports wager opportunities around the globe, including in countries like Great Britain, Ireland and Austria, as well as in Mexico. The latter came through a deal announced last week between the company and local gambling operator Ganador Azteca, a subsidiary of TV Azteca and included the appointment of sports commentator Ines Sainz as a brand ambassador for the company.

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